Fed Scorecard: Wall Street $7.21 Trillion, Main Street $0

On December 8, 1940, the Chicago Bears trounced the Washington Redskins in the National Football League (NFL) Championship by a score of 73-0, the largest margin of defeat in NFL history. Sid Luckman (Bears) vs Sammy Baugh (Redskin) at QB.

That score is similar to the trouncing the Main Street is getting compared to Wall Street: $7.21 TRILLION to $0.

True, there is also the PPP (Payroll Protection Program Liquidity Facility), a small percentage of The Fed’s Wall Street programs.

The Federal Reserve (Green Men) take on Main Street. Here is a preview of tomorrow’s Fed meeting.

Main Street could use some help.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.